During President Ilham Aliyev’s visit to Washington, officials from Azerbaijan and the United States discussed expanding economic collaboration and boosting strategic innovation partnerships.
Azerbaijan’s Minister of Economy Mikayil Jabbarov met with Michael Kratsios, Director of the White House Office of Science and Technology Policy, as part of President Ilham Aliyev’s working visit to the U.S. capital.
According to Azerbaijan’s Ministry of Economy, the discussions highlighted how President Aliyev’s trip, made at the invitation of U.S. President Donald Trump, opened up a favourable context for advancing bilateral ties. Both sides underlined the importance of existing projects aligned with mutual interests, noting their potential to support wider regional development.
The two officials examined opportunities for expanding economic cooperation through joint initiatives. Jabbarov highlighted Azerbaijan’s strategic location, ongoing reforms aimed at diversifying the economy, and the growth of its non-oil and gas sectors.
He also pointed to the country’s favourable investment climate, saying that digital transformation and the promotion of knowledge-based sectors remain key pillars of Azerbaijan’s development strategy.
The role of technological innovation, scientific advancement and artificial intelligence in shaping economic transformation was emphasised. Azerbaijan’s ambition to become a regional hub for knowledge and innovation was discussed, with both sides agreeing on the potential for deeper cooperation in these areas.
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